How to Start a Small Business
An advisor for the New York State Small Business Development Center, Prof. Brian Yeung will discuss some of the basic information future entrepreneurs need to know when starting a small business. Choosing your business structure -- For liability and tax reasons * Sole Proprietorship * Partnership * Corporation * Limited Liability Company Local, state, and federal business regulations -- Know the rules of the game * Business Formation * Business License * Business Insurance * Employer Identification Number * Sales Tax Certificate of Authority Writing a business plan -- Putting your ideas on paper * Introduction * Marketing * Financial Management Government contracting -- SBA helps to increase the small business share of government contracts * Minority Business Development -8(a) Program * SDB Certification Program * CCR Registration Financing your business -- Finding financial assistance programs * Loan Guaranty Programs * Loan Maturity * Use of Proceeds * Terms, Interest Rates and Fees * Collateral * Eligibility The New York State Small Business Development Center (NYS SBDC)--the premier business assistance organization in New York State--provides expert management and technical assistance to start-up and existing businesses across the state. The NYS SBDC is administered by State University of New York and funded by the US Small Business Administration, the State of New York, and host campuses. URL: www.nyssbdc.org
Do You Need Sound Sole Proprietorship Small Business Success Advice?
I'm often asked, " What advice would you give to anyone who has made the decision to start their own business?"
To that I answer, "You can have the best entrepreneur ideas on the planet, but if you don't follow the 6 golden rules of entrepreneur success, you'll never achieve the dreams of which you are capable."
Here are the key elements to entrepreneur success that all ultra successful entrepreneurs share:
1. Develop a millionaire mindset. Whatever your goals and dreams, know that you can do it. You can absolutely do anything at all the you put your mind to, and don't ever think otherwise or let anything that others may think have a negative influence on you. Get your mind right. Be relentless in your quest, and and you will achieve your dreams.
2. Have a clear vision of why you are doing what you are doing. Know your "Purpose" in life. Yes, money is fantastic and everyone want as much of it as we can get, but you have to have a purpose other than just financial. When (not if) you get all that money and achieve all your dreams, what are you going to do to give back to society? How are you going to assist others? What are you going to do that will positively impact other people's lives? If you don't have that clear vision now, begin to develop it.
3. Become a master marketer. It doesn't matter what kind of business you have, marketing is the one thing that will make or break you. Once you have perfected the art of marketing you can write your own ticket. You can virtually go into any business you chose|literally do just about anything you enjoy and be successful. Notice I didn't say internet marketing. Marketing is marketing and off line is just as important as online.
4. Don't ever stop learning. Learn something new every day that will help you to become a better marketer.
5. Take that marketing know-how and put it into action every day. All the knowledge in the world is useless if you don't take action. Get out a pen and paper right now and write down 2-4 things you will do today that will get you closer to your goals. Then do them. Do this over and over every day until you have reached your goal, then set a new goal. Get the idea here?
6. Focus, focus, and then focus some more! Stop chasing all the bright shiny objects and devote all your energy to one thing and become the best at it. It doesn't matter whether you want to open a brick and mortar franchise or eCommerce store, be an online affiliate marketer or a network marketer, a marketing consultant or a seminar speaker. Whatever it is, go ALL IN, or you're not in at all.
This is the biggest success killer of everybody who decides to follow their entrepreneurial desire. They are unfocused and never commit to one business model. And here's the deal it really doesn't matter what business model you choose. It could be as simple as choosing a single product to promote as an affiliate, then all you do daily is market that one product.
Write one blog post about it, write and distribute one article about it, then create and distribute one video about it. Do this for 90 days in a row and watch what happens!
Start everyday with all these things in mind, and end everyday with a plan for the following day.
Be disciplined and be focused. You'll be shocked at how close you really are to everything you've ever wanted!
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Don Bethune is a marketing strategist and sole proprietorship small business coach who has taught thousands how to make money online. See what he loudly proclaims to be the single best money making and life changing system on the planet. You will be shocked! Learn how to make money now! Visit how to build your fortune online by promoting offline businesses now!

